External broker reports(aggregated public sources), Topline Securities

Topline Securities

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Chemicals / Thematic (Sector/Industry)

<ul><li>Pakistan’s Urea sales in Aug-2023 are expected to clock in at 650k tons, up 18% YoY compared to 552k tons in Aug-2022. This significant YoY growth in Urea sales is due to low sales figures of the previous year, which were impacted by heavy rainfall across the country.</li><li>On MoM basis, Urea sales are expected to be up by 3%, compared to 629k tons of Jul-2023 due to seasonal factors.</li><li>Urea sales in 8M2023 are expected to clock in at 4,380K tons compared to 4,262k tons in 8M2022, up 3% YoY.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Pakistan’s Urea sales in Aug-2023 are expected to clock in at 650k tons, up 18% YoY compared to 552k tons in Aug-2022. This significant YoY growth in Urea sales is due to low sales figures of the previous year, which were impacted by heavy rainfall across the country.On MoM basis, Urea sales are expected to be up by 3%, compared to 629k tons of Jul-2023 due to seasonal factors.Urea sales in 8M2023 are expected to clock in at 4,380K tons compared to 4,262k tons in 8M2022, up 3% YoY.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Fertilizer: Urea sales for Aug-2023 up 18% YoY; 8M2023 up 3% YoY